Cisco Investments and an undisclosed strategic investor co-led the series C round, which boosted the networking technology producer’s overall funding to $49m.
Month: January 2016
Foursquare checks into $45m series E
Foursquare, the US-based local services discovery app provider backed by software company Microsoft and publisher O’Reilly Media, has raised $45m in a series E round led by Union Square Ventures. Morgan Stanley Alternative Investment Partners, DFJ Growth, Andreessen Horowitz and Spark Capital also invested. The round valued the company at up to $330m, according to… Continue reading Foursquare checks into $45m series E
Mitú successfully screens investors for $27m
US-based digital media company Mitú has secured $27m in a series C round featuring telecommunications network Verizon, online entertainment producer AwesomenessTV and WPP Digital, a strategic investment subsidiary of marketing firm WPP. The corporates were joined by existing investors including venture capital firm Upfront Ventures. Upfront led the $10m first tranche of Mitú’s series B… Continue reading Mitú successfully screens investors for $27m
Twist wraps up $61m series D
US-based biotechnology company Twist Bioscience closed a $61m series D round yesterday backed by biotechnology company Illumina, healthcare company WuXi PharmaTech and biotechnology holding firm Institut Mérieux. Financial services conglomerate Fidelity Management and Research also contributed funds to the round. WuXi invested through its corporate venturing unit, WuXi Healthcare Ventures, while Institut Mérieux participated through… Continue reading Twist wraps up $61m series D
Oncobiologics looks to grow with $115m IPO
Pharmaceutical firm Strides Arcolab holds a 12% stake in the biosimilar developer after investing $9m in 2014.
Cisco collaborates with Italy on $100m investment drive
Cisco has set up a $100m initiative to support Italian startups and provide training to students and teachers in the country.
Rocket Internet raises $420m for growth fund
Rocket Internet Capital Partners has reached a $420m first close, securing $50m from its parent company, with which it plans to co-invest.
GV pushes Envelop VR to $5.5m
Virtual reality software developer Envelop VR has completed a series A round that featured a $1.5m investment by corporate venturing unit GV.
MindTouch reaches out to SAP in $12m round
SAP was among the participants as customer engagement technology developer MindTouch raised $12m in series A capital, 11 years after it was founded.
MiMedia stores away $15m in series C cash
The cloud storage company boosted its overall funding to $35m in a series C round backed by smartphone maker Micromax.
PolicyGenius draws up $15m series B round
Insurance firms AXA, MassMutual and Transamerica all made strategic investments in the insurance portal, which has now raised $21m altogether.
Neura recognises corporates for $11m series A
The SingTel-backed internet-of-things intelligence technology developer secured the funding in a round featuring Lenovo and AXA.
Taulia hauls in $46m
The cloud-based supplier payment platform took its overall funding past $130m in a series E round backed by all existing investors, including Telus and BBVA.
Huanxi Media curates $50m for Mubi
The film production company will pay $40m to co-launch a Chinese service with curated film streaming platform Mubi, and another $10m for an 8% stake in the company.